How does SSTI's full-year earnings performance compare to expectations?

SoundThinking's (SSTI) full-year earnings performance significantly underwhelmed expectations, with key metrics falling short of forecasts. Here's a detailed analysis: 1. **Revenue Performance**: - SSTI reported a full-year revenue of $102.0 million, marking a 10% increase from the previous year. - However, this fell slightly short of analyst estimates, which had anticipated revenues closer to $106 million. 2. **Earnings Per Share (EPS) Performance**: - The company reported a full-year net loss of $9.18 million, resulting in a loss per share (EPS) of $0.72. - This was a significant deterioration from the previous year's loss of $0.22 per share. - EPS also missed analyst expectations by a wide margin. Analysts had forecasted an EPS of approximately $0.0043 for the full year, which SSTI missed by a substantial $0.7167. 3. **Comparison with Q4 Performance**: - In the fourth quarter alone, SSTI reported a profit of $3.6 million, or 28 cents per share. - This was a notable improvement from the previous year's fourth quarter, where the company reported a net loss. - However, when comparing the full year, the fourth-quarter performance was not enough to meet annual expectations. 4. **Analyst Reaction and Outlook**: - Following the earnings release, SoundThinking's stock experienced a decline, reflecting investor disappointment. - Despite the challenges, SSTI remains optimistic about future growth, projecting full-year revenue for 2025 in the range of $111.0 million to $113.0 million, indicating a potential 10% year-over-year growth. In conclusion, while SSTI showed promise with a record revenue and a profitable fourth quarter, the full-year performance was lackluster compared to analyst expectations, primarily due to significant losses in the remaining quarters and overall, a substantial EPS miss.